v3.25.2
ASSET RETIREMENT OBLIGATIONS
6 Months Ended
Jun. 30, 2025
ASSET RETIREMENT OBLIGATIONS  
ASSET RETIREMENT OBLIGATIONS

8.

ASSET RETIREMENT OBLIGATIONS

Pursuant to its ground lease, easement, and certain pole attachment agreements, the Company has the obligation to perform certain asset retirement activities, including requirements upon contract termination to remove communications infrastructure or remediate the space on which its communications infrastructure is located. The changes in the carrying amount of the Company’s asset retirement obligations were as follows:

    

June 30, 2025

    

December 31, 2024

Beginning balance

$

1,866,090

$

1,133,154

Additions

 

136,356

 

660,142

Dispositions

 

 

Accretion expense

 

48,388

 

72,794

Ending balance

$

2,050,834

$

1,866,090

As of June 30, 2025, the estimated undiscounted future cash outlay for asset retirement obligations was $11,844,508.